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Avatar for Raila & Associates PC
Raila & Associates PC
4.5(
13
)
Appraisal - Real Estate

Serving Barry, IL and surrounding areas

In business since 2013

Free estimates

Credit card accepted

"

I have used her service numerous times to have my assessment appealed on my house. The tax saved for 3 years of the assessment cycle with the second installment of my 2014 real estate tax bill is $2557.59. They are very professional and would recommend them to reduce your taxes. My brother who owns two apartment buildings also has used their services. Angie's List had a $50.00 coupon off of their services which reduced my fee to $291.04.


"
Affordable and Client-Friendly -- You Pay Only if Raila & Associates, P.C. is successful in winning tax relief.
Serving owners, taxpayers, property managers and developers of real estate in Chicago and Northern Illinois.
Raila & Associates, P.C., an Illinois law firm, has thousands of satisfied clients. THIS IS LEGAL SERVICES ADVERTISING.
Paula Raila, J.D., President
Thomas Thorson, J.D., Associate Counsel

+2

Recommended by83%of homeowners
RKB Appraisal Service, Inc.
5.0(
1
)
Appraisal - Real Estate

Serving Barry, IL and surrounding areas

In business since 2002

Free estimates

Robert is committed to excellence in every aspect of our business. We uphold a standard of integrity bound by fairness, honesty, and personal responsibility. Our distinction is the quality of service we bring to our customers. Accurate knowledge of our trade combined with ability is what makes us true professionals. Above all, we are watchful of our customers interests, and make their concerns the basis of our business.

Response time30 mins
Recommended by100%of homeowners
Property Appraiser questions, answered by experts

Ideally, you’d never pay more than the appraised value for a home, but there are some instances where it makes sense to do so. For example, if your current living arrangements are no longer viable and you need a place to move into quickly, paying more than the appraised value might be in your best interest to secure a new home. Additionally, if you’re buying in a hot market, overpaying for the home might be necessary to overcome the competition.

Your home insurance company may allow you to use an appraisal instead of an inspection when you apply for coverage. Keep in mind that despite this, an appraisal is far less detailed than the different types of home inspections available and may not reveal potential risks that you’ll want to know about.

While some aspects of an appraisal, such as comparable properties nearby, are out of your control, there are several steps you can take to potentially increase your home's value. Make any necessary repairs and upgrades before the appraiser's visit, as they can only value what is currently part of the home, not its potential. Examples include renovating older areas, updating landscaping to boost curb appeal, and staging your home. You can also provide the appraiser with the cost of recent upgrades, which may increase your home's value by about 50% or more of what you paid for those improvements.

Basement bedrooms can count toward your room count and the square footage of your home on an appraisal if they’re fully legal, which means they have proper ventilation and points of egress, as defined by your local building code. Simply partitioning off a space for a bedroom in an otherwise unfinished basement that isn’t a legal living space won’t affect your appraisal value.

Appraisals are not mandatory but are helpful for pricing accuracy and negotiation purposes.

The Barry, IL homeowners’ guide to property appraisals

From average costs to expert advice, get all the answers you need to get your job done.